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In this video, Sandeep Krishna discusses the tripartite agreement, a legal document commonly encountered in the real estate industry, particularly by buyers of under-construction properties. The tripartite agreement involves three parties: the buyer, the seller, and a financial institution. This agreement outlines the terms and conditions related to property deals where the involvement of a financial institution is necessary. Sandeep aims to provide viewers with a clear understanding of what a tripartite agreement is and its significance in real estate transactions.